SHAILESH HARIBHAKTI JOINS THE GOVERNANCE BOARD OF THE INSTITUTE OF RISK MANAGEMENT (IRM), INDIA AFFILIATE

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Mumbai, 25 August, 2022: Institute Of Risk Management, India Affiliate (IRM India Affiliate), has announced that Mr. Shailesh Haribhakti, Chairman, Shailesh Haribhakti and Associates, has joined their Governance Board as Senior External Advisor. IRM India Affiliate’s Governance Board is the highest governing authority of the Institute and works in conjunction with the global team, as well as the executives managing IRM’s qualifications and examinations, to promote accountability and integrity in ERM education. Other members of the Governance Board include Mr Hersh Shah, CEO, IRM India Affiliate, Dr. Rabi Mishra from RBI, Mr Sanjay Himatsingani from IRM, Mr Bheru Choudhary, Senior Partner, IC Universal Legal and Mr Rahul Parekh, Agri-Tech and Real Estate Investor.

Mr Haribhakti is a qualified Chartered and Cost Accountant, Certified Internal Auditor, Financial Planner, and Fraud Examiner. He is also Board Chairman, Audit Committee Chairperson and Independent Director at some of the country’s most prestigious companies such as Torrent Pharmaceuticals, Bennett Coleman and Company Ltd. (Times Group), ACC and Ambuja Cements (subsidiaries of Holcim Group), and Bajaj Electricals Ltd, amongst others. He is also Non-Executive Chairman of leading companies like Blue Star Limited and L&T Mutual Fund Trustee Limited.

During his illustrious career spanning over three decades, Mr Haribhakti has accumulated a wealth of knowledge and contributed significantly towards nation building activities. He has authored two books – The Digital Professional and Audit Renaissance, and is a regular speaker at international forums and conferences. He has been awarded with the Global Competent Boards Designation (GCB.D) by Competent Boards Inc., and Vivekananda Sustainability Award – 2022 by Vivekananda Youth Connect Foundation.

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Commenting on the appointment, Hersh Shah, CEO, IRM India Affiliate, said: “Mr. Haribhakti is a prolific and extremely well-respected thought leader. His experience of being associated with over 100 boards will add tremendous value as we shape the future of Enterprise Risk Management (ERM) education with our gold standard qualifications and programmes. On behalf of IRM, I welcome him as a core member of the Governance Board and look forward to working closely in building a resilient and risk-intelligent India.”

Commenting on his new role, Mr Shailesh Haribhakti said: “I am humbled and delighted to join the Governance Board of IRM India Affiliate. My passion for continuous unlearning and relearning will guide my deliberations on risk mitigation strategies. I look forward to exchanging ideas on new-age technologies and climate action as these risks emerge to centre stage.”

Institute of Risk Management, India Affiliate  
The Institute of Risk Management is the world’s leading professional body for enterprise risk management qualifications and memberships (levels 1 to 5). IRM publishes research and guidance, and also professional standards across the world. Our members (including members of the Institute of Operational Risk) work in all industries, in all risk disciplines, and across the public, private and not-for-profit sectors in more than 143 countries. With 360 exam centers in India, candidates can earn the IRM designations by pursuing the global examinations through IRM India Affiliate. IRM India Affiliate has entered into knowledge partnerships with Invest India, National Institute for Micro, Small, and Medium Enterprises (Ministry of MSME), CNBC TV18, The Indian Hotels Company Limited (IHCL), ImaginXP, Eduvanz, JB Boda Group, Cipla, and Bombay Chartered Accountants Society. IRM India Affiliate also recently collaborated with NMIMS to launch India’s first professional programmes in ERM covering IRM’s exams and further launched a report with AICTE (under the Ministry of Education) on ERM and the Indian Higher Education System. In addition, it also runs The CRO Circle with Deloitte India’s Risk Advisory.

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